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The Minimalist Entrepreneur: How Great Founders Do More with Less
“Work in Public” “Teach Everything You Know” “Create Every Day”
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
Being a member of a community is a start, but the real magic happens when you start to contribute. Authors and bloggers Ben McConnell and Jackie Huba call this the “1% Rule”: On the internet, they say, 1 percent create, 9 percent contribute, and 90 percent consume. They’ve shown this rule to be true when applied to sites like Wikipedia and Yahoo, a
... See moreSahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
a community isn’t a group of people who all think, act, look, or behave the same. That’s a cult.
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
If I talk, who listens? Where and with whom do I already spend my time, online and offline? In what situations am I most authentically myself? Who do I hang out with, even though I don’t really like them, but it’s worth it since we share something more important in common?
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
Once you’re working on other people’s projects, you can’t help but get ideas of your own,
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
The goal here is to free yourself, to make the business require as little of you as you wish it to, so that you can engage with the world in the way you think best, whatever that looks like. For most, that means freeing others too. You can’t free everyone, or build every business, but you can at least teach a few people how.
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
You picked a community. Why that one? You shipped a manual valuable process and then iterated it into a minimum viable product. Why did you choose to solve those problems in the ways that you did?
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
“I’m creating longevity by building a foundation more slowly,” she says, “so I ask myself, ‘What is the next smallest step I can take?’ ” That has allowed Rainbow Road to grow in a way that feels sustainable for the company and for the world. “I can grow something really substantial with baby steps, so I’m not afraid of taking the longer path.”
Sahil Lavingia • The Minimalist Entrepreneur: How Great Founders Do More with Less
I found that when I wasn’t trying to placate investors or make the company grow faster than it was meant to grow, finally, I had time. While I was no longer on track to become a dollar billionaire, I realized I was a “time billionaire,” someone Graham Duncan defines as having at least a billion seconds left in their life—or at least thirty-one year... See more